Heartland Express: 4Q Earnings Snapshot
NORTH LIBERTY, Iowa (AP) _ Heartland Express Inc. (HTLD) on Tuesday reported fourth-quarter earnings of $22.4 million.
The North Liberty, Iowa-based company said it had profit of 27 cents per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The trucking and logistics company posted revenue of $147 million in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $152.2 million.
For the year, the company reported profit of $72.7 million, or 88 cents per share. Revenue was reported as $610.8 million.
Heartland Express shares have increased 9 percent since the beginning of the year. The stock has fallen 15 percent in the last 12 months.